Jade Warshaw
👤 SpeakerAppearances Over Time
Podcast Appearances
She's knitting the afghan.
Janice, we love you.
We love you, Janice.
I'm not sure.
I'd love to know minus the $50,000.
So the $50,000 is the only non-retirement investing that you have?
I believe so.
And so when I look at that, our rule of thumb here is you don't want your monthly payment on that to be any more than 25% of your take-home pay.
And of course, that's everything in.
That's HOA, taxes, insurance, all of that is included in that price.
So my question to you is, if we were to
get on a mortgage calculator and plug those numbers in.
You've got the two, and this is what I would do tonight with your husband.
Technically at your disposal, I would take the 250,000 that's in the HYSA and I would knock it down to six months of expenses.
What would you call six months of expenses?